Referring to a production possibilities curve and the goods being compared,depict the economic event.Millions of immigrants came to the United States in the second half of the 19th century to work on the transcontinental railroad (capital goods vs.consumer goods).
A)A movement from a point inside the curve to a point on or near the curve
B)A movement from a point on or near the curve to a point inside the curve
C)A shift in the entire curve to the right (outward)
D)A shift in the entire curve to the left (inward)
E)A movement along the curve

Question

Quizplus · Accepted Answer

The influx of millions of immigrants to work on the transcontinental railroad would increase the availability of labor and potentially allow for the production of more capital goods (in this case, the railroad). This would cause a shift in the production possibilities curve to the right (outward).

Referring to a Production Possibilities Curve and the Goods Being